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Aurangzeb urges microfinance sector to shift to cashflow-based lending
Finance Minister Muhammad Aurangzeb on Wednesday urged the microfinance sector to shift towards cashflow-based lending and make greater use of alternative data and digital credit scoring to expand…
Business RecorderPakistan plans tougher telecom rules, national roaming obligations for dominant operators
ISLAMABAD: The Ministry of Information Technology and Telecommunication (MoITT) has proposed a tougher competition regime for the telecom sector, empowering the regulator to impose national roaming…
Business Recorder
Only 91 New Retailers Join Tax Scheme, FBR’s Rs. 50 Billion Target in Jeopardy
The Federal Board of Revenue (FBR) has informed the International Monetary Fund (IMF) that only 1,016 retailers have filed tax
ProPakistaniGermany asks Pakistan to implement GSP Plus reforms
Germany has called for effective implementation of Pakistan’s legislative reforms linked to the European Union’s GSP Plus trade scheme, stressing the need for measurable results and tangible…
Business RecorderPorsche braces for lower sales era, seeks lifeline from luxury
BERLIN/FRANKFURT: Porsche is steeling itself for persistently lower sales, the Volkswagen brand said on Wednesday, pitching a turnaround plan to investors that aims to boost margins with a focus on…
Business RecorderSalaried Class Pays Rs. 144 Billion Tax in Q1, Far More Than Retailers and Real Estate Combined
Pakistan’s salaried class paid Rs. 144 billion in income tax during July to September, exceeding the combined Rs. 54 billion
ProPakistani
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